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Greenhushing: Why Some Firms Keep Quiet About ESG

Knowledge at Wharton

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Is There a Standardization Process for ESG Reporting?

The standardization could go a long way in helping here. I think what companies fear and parts is standing out of the crowd. So when all of your competitors have to disclose the same thing, it's likely that it's not that different from each other. It's harder to stand out in both a positive and a negative way. That may make it easier to disclose some forward-looking information about similar metrics.

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